Investment Site
6900, Decarie Boulevard (Decarie Square)
This is a rare opportunity to acquire a highly coveted and prominent asset class in a prime location. At the time of purchase, the property featured high corporate and government credit tenants in both the retail and office sectors, including Dollarama, Winners, the SAAQ, and Proxim. With its strong tenant mix and prime location, this property is an excellent investment opportunity for those seeking stable returns in the long-term.
This asset presents a compelling opportunity for investors, with a potential vacancy lift of more than 107,000 square feet and a large land size of approximately 284,000 square feet and 600 feet of frontage. This prime location offers significant upside potential for those seeking to invest in a high-growth area with ample room for expansion and development.
This property, more commonly known as the Decarie Square commercial center, is located in the highly sought-after Côte-Saint-Luc borough, at the pivotal intersection of Highway 15 and 40. Its prime location makes it an attractive investment opportunity for those seeking a prominent asset in a rapidly growing area, with easy access to major transportation routes and a wide range of amenities.
This large-scale property presents unique challenges, as it requires the repositioning of retail spaces to allow for a lucrative redevelopment opportunity. With careful planning and execution, however, this property has the potential to become a prime investment opportunity, offering significant returns for those willing to take on the challenge of revitalizing this prime location.